Skip to content Skip to footer
Search

Loading Results

Regulatory Updates

September 2020

Contact the PwC Malta Regulatory Team for further information in relation to any of the updates or if you wish to discuss how these may impact your business.

Welcome

Welcome to PwC Malta’s Regulatory Updates - giving a recap for this month of the main legislative updates and key regulator activity.

Anti-Money Laundering

Local updates

15/09/2020 - Publication of revised Implementing Procedures Part I
Link to the publication can be found here.

16/09/2020 - FATF Publication: Virtual Assets Red Flag Indicators of Money Laundering and Terrorist Financing 
Link to the publication can be found here.

18/09/2020 - Publication of Revised Version of the Implementing Procedures Part II for the Virtual Financial Assets Sector 
Link to the publication can be found here.

22/09/2020 - CBAR System - Pilot testing to reopen on the 24 September

28/09/2020 - Minor Amendment to the Implementing Procedures Part I
Link to the publication can be found here.

30/09/2020 - CBAR System – Updates
Link to the publication can be found here.

Asset Management

International updates

22/09/2020 - EU Financial Regulators assess risks to the financial sector after the outbreak of COVID-19 and call for enhanced cooperation
Link to the report can be found here.

28/09/2020 - ESMA published draft rules for third-country firms under new MiFIR and MiFID II regimes
Link to the report can be found here.

28/09/2020 - ESMA updates Q&A on MiFIR data reporting
Link to the document can be found here.

28/09/2020 - ESMA updates Q&A on data reporting under EMIR
Link to the document can be found here.

30/09/2020 - ESMA publishes Final Report for Guidelines on Internal Control
Link to the report can be found here.

Banking

Local update

30/09/2020 - Circular to Credit Institutions on Developments in Supervisory Reporting, mainly on Reporting pursuant to Banking Rule
Circular can be found here.

International updates

10/09/2020 - EBA calls on the EU Commission to establish a single rulebook on fighting money laundering and terrorist financing
Link to the release can be found here.

17/09/2020 - EBA seeks input from institutions on their ESG disclosure practices
Link to the release can be found here.

21/09/2020 - EBA phases out its Guidelines on legislative and non-legislative loan repayments moratoria
Link to the release can be found here.

22/09/2020 - EU financial regulators assess risks to the financial sector after the outbreak of COVID-19 and call for enhanced cooperation
Link to the report can be found here.

30/09/2020 - EBA publishes work programme for 2021
Link to the release can be found here.

Company Service Providers

International update

16/09/2020 - Circular addressed to Companies and Individuals providing Directorship Services
Circular can be found here.

Financial Markets

Local update

28/09/2020 - ESMA Publishes Outcomes of Market Abuse Regulation (“MAR” or the “Regulation”) Review
Circular can be found here.

Fintech

International update

22/09/2020 - EU financial regulators assess risks to the financial sector after the outbreak of COVID-19 and call for enhanced cooperation
Link to the report can be found here.

Gaming

Local update

09/09/2020 - The MGA Publishes Guidance Note on Gaming Devices and Amusement Machines
Link to the document can be found here.

General Application

Local updates

18/09/2020 - Circular on the Guidance Note on the submission of the Source of Wealth and Source of Funds
Link to the document can be found here.

25/09/2020 - ESAs Launch Survey on Environmental and/or Social Financial Product Templates
Link to the document can be found here.

Insurance

Local update

02/09/2020 - Circular on the implications of Member State’s rights under Directive 2000/31/EC as a result of the United Kingdom withdrawing from the European Union
Circular can be found here.

International updates

22/09/2020 - EU financial regulators assess risks to the financial sector after the outbreak of COVID-19 and call for enhanced cooperation
Link to the report can be found here.

30/09/2020 - EIOPA sets up its key priorities in the light of the pandemic
Link to the release can be found here.

Pensions

International update

22/09/2020 - EU financial regulators assess risks to the financial sector after the outbreak of COVID-19 and call for enhanced cooperation
Link to the report can be found here.

Securitisation

International Update

04/09/2020 - ESMA confirms Securitisation Regulation requirements entry into force on 23 September 2020
Link to the release can be found here.

Trust and Trustees

Local update

16/09/2020 - Circular addressed to Companies and Individuals providing Directorship Services
Circular can be found here.

Contact us

Fabio Axisa

Fabio Axisa

Assurance Partner, PwC Malta

Tel: +356 2564 7191

Mark Lautier

Mark Lautier

Partner, PwC Malta

Tel: +356 2564 6744

Chris Mifsud Bonnici

Chris Mifsud Bonnici

Senior Manager, Tax, PwC Malta

Tel: +356 2564 6935

Lee Ann Agius

Lee Ann Agius

Manager, Tax, PwC Malta

Tel: +356 2564 4027

Follow us

Enquire about your personalised Regulatory Updates

Fill in the form below to receive more information about how we can customise our Regulatory Updates to meet the requirements of your business.

Required fields are marked with an asterisk(*)

Hide